Siemens has informed that the board of directors of the company at its meeting held on October 13, 2012, has approved the allotment of 117,38,108 shares to Siemens VAI Metals Technologies GmbH, Linz pursuant to approval of amalgamation of Siemens VAI Metals Technologies Pvt. Ltd. and Morgan Construction Company India Pvt. Ltd. with the company by the Bombay High Court vide its order dated August 17, 2012.

The above information is a part of company's filings submitted to BSE.

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